Folwell backs NC Senate budget agreement

State Treasurer Dale Folwell

RALEIGH – State Treasurer Dale Folwell released a statement in support of the N.C. Senate’s budget, saying he thanked the members for advancing a “fiscally responsible budget.”

“Like Olympic gymnast Simone Biles, they not only showed courage in attacking these long-term needs, but really ‘stuck the landing’ with this budget. The current proposal fully funds the State Health Plan, the state retirement systems and the state’s debt service as well as setting aside, for the first time ever, money for the Pension Solvency Reserve,” Folwell said.

He also said the proposal provides unparalleled resources for water and sewer infrastructure needs at a time when communities are struggling to maintain fiscal stability.